Global Yeast Beta-Glucan Market

Global Yeast Beta-Glucan Market Size, Share, Growth Analysis, By Source(Baker's yeast, brewer's yeast), By Application(food & beverages, dietary supplements) - Industry Forecast 2024-2031


Report ID: SQMIG30I2298 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 64 | Figures: 75

Global Yeast Beta-Glucan Market Insights

Global Yeast Beta-Glucan Market size was valued at USD 188.66 million in 2022 and is poised to grow from USD 204.32 million in 2023 to USD 386.67 million by 2031, at a CAGR of 8.3% during the forecast period (2024-2031).

The global yeast beta-glucan market is a rapidly growing market that is expected to experience significant growth in the coming years. Yeast beta-glucan is a natural polysaccharide that is found in the cell walls of yeast, and it is widely used in various applications such as food and beverages, dietary supplements, pharmaceuticals, and personal care products. The purpose of the market is to provide a natural and effective solution for various health and wellness concerns. Yeast beta-glucan has been shown to have numerous health benefits, including boosting the immune system, reducing cholesterol levels, and improving gut health. As a result, there is a growing demand for yeast beta-glucan in the global market. One of the major drivers of the yeast beta-glucan market is the increasing demand for natural and functional food ingredients. Consumers are becoming more health-conscious and are looking for natural and effective ways to improve their health.

Yeast beta-glucan is a natural ingredient that is effective in promoting health and wellness, which makes it a popular choice among consumers. However, the market also faces certain restraints such as high production costs and limited availability of raw materials. These factors may limit the growth of the market to some extent. Despite these challenges, the yeast beta-glucan market is experiencing several key trends that are driving its growth. For instance, there is a growing trend towards vegan and plant-based diets, which has led to an increased demand for yeast beta-glucan as a natural and plant-based ingredient. Additionally, the market is witnessing several opportunities for growth, such as the increasing demand for yeast beta-glucan in the pharmaceutical industry. Yeast beta-glucan has been shown to have potential in the treatment of various diseases, including cancer, diabetes, and cardiovascular diseases.

US Yeast Beta-Glucan Market is poised to grow at a sustainable CAGR for the next forecast year.

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Global Yeast Beta-Glucan Market size was valued at USD 188.66 million in 2022 and is poised to grow from USD 204.32 million in 2023 to USD 386.67 million by 2031, at a CAGR of 8.3% during the forecast period (2024-2031).

Global Yeast Beta-Glucan Market is highly competitive with the presence of several key players. These players are focusing on product innovation, partnerships, mergers and acquisitions, and expansion to increase their market share and stay competitive in the market. For instance, in December 2021, Lallemand Inc. entered into a partnership with Biotalys NV, a biotech company, to develop and commercialize new biocontrol solutions for food and beverage applications. Such strategic initiatives are expected to drive the growth of the yeast beta-glucan market in the coming years. 'Lesaffre Group (France)', 'Lallemand Inc. (Canada)', 'Ohly GmbH (Germany)', 'Biothera Pharmaceuticals, Inc. (US)', 'Kerry Group plc (Ireland)', 'AB Mauri (UK)', 'Biotec Pharmacon ASA (Norway)', 'Angel Yeast Co., Ltd. (China)', 'Garuda International, Inc. (US)', 'Ceapro Inc. (Canada)', 'Kemin Industries, Inc. (US)', 'Leiber GmbH (Germany)', 'Nutraferma LLC (US)', 'Merck KGaA (Germany)', 'Biorigin (Brazil)', 'Lianhua Supermarket Holdings Co., Ltd. (China)', 'Alltech, Inc. (US)', 'Royal DSM N.V. (Netherlands)', 'Chr. Hansen Holding A/S (Denmark)', 'Kerry Ingredients & Flavors (US)'

One of the key drivers of the yeast beta-glucan market is the increasing demand for natural and organic food products. Consumers are becoming more health-conscious and are looking for natural and effective ways to improve their health. Yeast beta-glucan is a natural ingredient that is effective in promoting health and wellness, making it a popular choice among consumers. For instance, in 2020, Kellogg Company, an American multinational food manufacturing company, launched a new line of cereals containing beta-glucan sourced from oats and barley to meet the growing demand for natural and healthy food products.

Growing Trend of Plant-Based Diets: The growing trend of plant-based diets is driving the growth of the yeast beta-glucan market. Consumers are becoming more health-conscious and are opting for plant-based diets due to the health and environmental benefits associated with them. Yeast beta-glucan is a natural and plant-based ingredient, making it a popular choice among consumers who are following plant-based diets.

The global yeast beta-glucan market is dominated by North America, which is expected to hold a 35% share of the market in the coming years. This dominance is attributed to the increasing demand for natural and functional food ingredients, along with the rising health consciousness among consumers in the region. The United States is a major contributor to the growth of the yeast beta-glucan market in North America. The country has a large population of health-conscious consumers who are willing to pay a premium for natural and effective health solutions. For instance, companies like Biothera Pharmaceuticals, Inc. have developed and launched yeast beta-glucan-based dietary supplements in the US market, which has received a positive response from consumers.

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Global Yeast Beta-Glucan Market

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